Tag: SA Investment Conference

Parliament has been warned of the risk of billions of Rands of capital investment leaving the country unless local investment incentives like those under Section 12J of the Income Tax Act are permitted to continue. Our presentation was made during the Select Committee of Finance’s public hearings on the TLAB, TALAB and Rates Bills.

It is no secret that entrepreneurship and business creation is the lifeblood of economic growth and innovation. Research out of the United States by the Kauffman Foundation, for example, underscored that entrepreneurship is integral to job creation and economic progress.

We have unveiled the State of Entrepreneurship in South Africa after surveying more than 1,000 entrepreneurs across the country. 2019 marks our fifth year of engagement with local entrepreneurs, with the latest findings showing that entrepreneurs are optimistic and resourceful even as the sector is enduring one of the most difficult economic periods.

The confidence and hope at the recent SA Investment Conference, spurred on by the Springboks, was tangible. It’s as if that same momentum, and hope in a better future, inspired the call to action by the President. While forever there will be detractors, what’s encouraging is the level of commitment by investors, both local and international, to invest in South Africa.